The conforming loan limits for 2023 have not been officially announced yet by the Federal Housing Finance Agency (FHFA).
The 2022 conforming loan limit for a single-family home is $647,200, which is an increase of $38,800 from the 2021 limit of $608,400.
However, based on historical trends and current market conditions, it is likely that the conforming loan limits for 2023 will be higher than the limits for 2022.
It's important to note that conforming loan limits vary by location and are based on the average home prices in a given area.
So the exact limits for 2023 will depend on the FHFA's calculations and analysis of market conditions.
We will have to wait for the official announcement from FHFA later this year to know the exact limits for 2023.
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